News Zimbabwe Stock market: Zimbabwe experiences increased demand for properties
ZIMBABWE’S property market is experiencing increased demand for properties due to a growing population as well as out-dated stock a development that offer significant growth opportunities. property ...
News Zimbabwe Stock market: Ok Zimbabwe Ltd.
Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. For companies with multiple common share classes, market capitalization includes both classes.
News Zimbabwe Stock market: ‘Zim economic policies breeding investor scepticism’
The southern African nation is well-known for its geological wealth and a generally well-developed mining sector, but restrictive laws and the prevailing harsh economic conditions are providing little ...
News Zimbabwe Stock market: Zimbabwe's Stock Market Rally: How Long Will It Last?
Zimbabwe's inflation was running at an annual rate of 176% in June, while interest rates stand at 150%. That makes experts skeptical about the rally in Zimbabwe's equities, warning investors of the
News Zimbabwe Stock market: Zimbabwe Devalues Its Dollar to Try Stabilize Currency
(Bloomberg) -- Zimbabwe’s currency weakened almost 14% in the weekly central bank auction, just days after Finance Minister Mthuli Ncube called for changes to how the foreign-exchange market is managed.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is Desperate to UnloadJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsThe devaluation is the latest po
News Zimbabwe Stock market: Zimbabwe Stock Exchange Halts Trading On ZSE Markets
HARARE - The Zimbabwe Stock Exchange instituted a trading halt on the ZSE Markets just after midday this Monday after the ZSE All Share index breached the 10% threshold on the upside. According to a public notice issued this afternoon by Zimbabwe Stock Exchange Limited Chief Executive Officer Justin Bgoni, trading will resume on Tuesday,…
News Zimbabwe Stock market: Zimbabwe unleashes its Competition Commission to curb price hikes
Mnangagwa’s administration has concluded a survey of pricing of goods and commodities that had noted “artificial shortages of some locally produced goods especially in formal” retail shops.
News Zimbabwe Stock market: Zimbabwean property developer west properties lists IPO on the Victoria falls stock exchange VFEX
Zimbabwean property developer West Properties has recently announced its intention to list on the Victoria Falls Stock Exchange (VFEX) on April 28th, 2023, marking a significant milestone for the company and the Zimbabwean property market. This move signals West Properties’ commitment towards enhancing its growth prospects and increasing investor confidence in the company. It will […]
News Zimbabwe Stock market: Turnall sinks US$622m into expanding capacity
Turnall spent US$60,2 million on similar capital projects. According to the firm, this was mainly aimed at improving production efficiencies. Grenville Hampshire, Turnall’s board chairman in a ...
News Zimbabwe Stock market: Zimpapers register 61 percent revenue growth
Limited grew its revenue by 61 percent to Z$18.6 billion for the year ended 31 December from Z$11.6 billion recorded in the prior period. In a statement accompanying the financial results for the year ...
News Zimbabwe Stock market: Building Naratives: Maketo launches second stock exchange investment handbook
I featured Maketo on this column after he had written his debut book titled How We made it in Zimbabwe: Investing on the Zimbabwean Stock Exchange. His latest offering is the second in a 3-volume ...
News Zimbabwe Stock market: VFEX: Mixed year for equities market
The Victoria Falls Stock Exchange (VFEX) was a winner in 2022 in what was an exciting but mixed year for the equities market. Overall, the equities market had a roller-coaster of a year, with share price fluctuations experienced, especially on the primary bourse, the Zimbabwe Stock Exchange (ZSE). Listings, de-listings and migrations were the buzzwords…
News Zimbabwe Stock market: Zambia was Africa’s top stock market in 2022 – it climbed 12% in dollar terms
Spread This NewsBy Bloomberg news A rally in Copperbelt Energy Corp. is poised to help Zambia’s benchmark stock index become Africa’s best performer this year. The 22-member Lusaka Securities Exchange ...
News Zimbabwe Stock market: Invest in money markets to grow wealth- ZSE
THE Zimbabwe Stock Exchange (ZSE) has encouraged individuals and businesses to grow their wealth and contribute to economic development through investing in money markets. The solid performance of the ...
News Zimbabwe Stock market: Insights from Zimbabwe on how to link formal and informal economies
In effect, South Africa had two economies and there was no bridge between them. What Mbeki was describing is a common problem in developing countries, including South Africa’s neighbour Zimbabwe. My ...
News Zimbabwe Stock market: The peculiar case of Zimbabwe as an investment destination
Zimbabwe continues to be a market I struggle to understand. The macro-economic reading I had done, and the recent stock market performance, painted a really desperate picture. The commentary from company management was also very mixed. So, on arriving in the country recently, I was surprised by just how vibrant the capital, Harare, was. There…
News Zimbabwe Stock market: Govt must take heed: Businesses are struggling
The fact that the largest listed companies are losing billions and that an increasing number of firms are now delisting to relist on the Victoria Falls Stock Exchange is testament to the fact that ...
News Zimbabwe Stock market: ‘Zim must pay over the odds for fertiliser to curb shortages’
Zimbabwe needs to import fertiliser but must be prepared for higher costs in order to curb shortages, a government official has said. Zimbabwe requires 400 000 tonnes of basal and 380 000MT of top ...
